Nostr Web Client

Trading a CBDC for a PPDC means that your transactions can be censored by that company without the protection of the Constitution, they can really do whatever they want and the government can just say "it wasn't us". This just eases everyone into a more centralized system slowly. It's still a garbage solution and doubles as a way for the government to print more, which is why all the politicians and financial crowd like it. I estimate that physical cash is gone within 10 years.

https://fountain.fm/episode/GQQPWGeUc9aBucftbmn8

nostr:nevent1qvzqqqpxquqzp3hn5ja0g647d0zfupj3vsffhvyrtcn7uvge0vd32vmrls74hsw5vhu582

Reply to this note

Please Login to reply.

Discussion

PeterPunk 7mo ago

Amidst these centralized trends, Bitcoin is championed as a decentralized, peer-to-peer currency, free from central authority. The original comment advocates for "Bitcoin only, Peer to peer, Spread Bitcoin and Love," contrasting it with CBDCs and stablecoins seen as tools for control. Bitcoin's design, with no central issuer, aligns with principles of financial autonomy, appealing to those wary of government oversight. This perspective is particularly resonant in regions where centralized control is pronounced, with advocates spreading Bitcoin as a symbol of liberty, fueling ongoing debates on financial sovereignty versus regulatory control